Analyst - Operations Expense FPA

UDR - Opening Doors to your future•Highlands Ranch, CO

3d•$74,677 - $87,000•Onsite

About The Position

This role is focused on supporting the company’s operational and financial performance through data analysis and market-related research, primarily analyzing property expenses and expense-related performance. The position provides a combination of financial analysis, operational analysis, budgeting/forecasting, and expense support.

Requirements

Knowledge of organizational policies and procedures.
Knowledge and appreciation of business concepts and requirements.
Knowledge and understanding of business research principles, process, and techniques.
Ability to apply policies and procedures to solve everyday company issues.
Demonstrated ability to develop an in-depth understanding of company markets and identify and communicate relevant information.
Ability to establish priorities and coordinate work activities.
A strong work ethic, attention to detail, and excellent people skills are required.
Ability to think conceptually and translate concepts into practical applications, solutions, and decisions.
Ability to demonstrate and execute practical and effective solutions to problems.
Ability to analyze data and recommend strategy.
Ability to define problems, collect data, establish facts, and draw valid conclusions.
Perform duties that require considerable initiative, independent judgment, and strong communication skills.
Must have the ability to manage workload, to develop efficient and effective processes that impact the entire organization, and to communicate with managers and staff at all levels of the organization.
Ability to travel, when applicable.
Excellent verbal and written communication skills.
Ability to write reports, business correspondence, and presentations.
Ability to effectively present information to and respond to questions from groups of managers, associates, and the Executive Team.
Ability to work in conjunction with Company managers, property management teams, vendors, and associates.
Knowledge of fiscal management and office management techniques with strong skills regarding spreadsheets, word processing and database applications.
Strong experience and demonstrated aptitude with MS Excel, and some experience with MS Access and business intelligence tools.
Ability to quickly learn new computer systems, financial systems, and business processes.
Ability to process computer data and to format and generate reports.
Bachelor’s degree, preferably with a major in Business, Finance, Accounting, Real Estate or Economics: or equivalent combination of education and experience required.
Minimum two years’ experience in a real estate position, preferably REIT experience with a concentration in finance and operations.
Must have and maintain a valid driver’s license unless otherwise noted.

Responsibilities

Support and manage the company’s annual budgeting process for the entire multifamily portfolio, which establishes the internal and external benchmarks the company is expected to achieve.
Assist and manage the monthly expense forecasting process through collaboration with UDR’s field teams to understand expense performance relative to UDR’s internal benchmarks.
Analyze financial and operational expense data of the multifamily portfolio to identify upside and risk across markets and assets to ensure the company hits or exceeds the annual budget.
Reforecast identified expense upside and risk within financial models that allow the Executive Team to better understand where the company expects to perform on a monthly, quarterly, and annual basis.
Analyze expense and CapEx data to identify areas of opportunity to drive incremental dollars to the company’s bottom line, while identifying projects that will reduce UDR’s future capital expenditures and preserve cash outflows.
Lead monthly calls with UDR’s expense analysts that support field teams to better understand real-time expense performance relative to UDR’s forecasted and budgeted expenses.
Develop UDR’s reporting tools for real-time expense visibility in conjunction with feedback from UDR’s field expense analysts.
Evaluate Expense ROIs and Customer Experience ROIs to assess expense saving returns on capital deployment.
Assist in redevelopment underwriting to understand expense saving returns associated with the project.
Manage a CapEx reforecast that summarizes real-time performance on capital spend relative to UDR’s targeted capital spend.